PRICE CUTS FOR EAST GERMANY
End Of Rationing Also Planned
(Rec. 8 pjn.) BERLIN, September 19. East Germany plans to end food rationing and make big price cuts in unrationed goods by next summer, Mr Walter Ulbricht, the East German Communist Party’s first secretary, announced today. He told the plenary session of the party’s central committee that they would aim at the creation of a uniform price level. At present unrationed food in East German State shops costs four to eight times as much as rationed food. Fat, sugar, meat and several kinds of vegetables, still rationed in East Germany, are sold at low pre-war prices. Mr Ulbricht said that with the lifting of the remaining rationing in 1954, a further price reduction of 4,000,000,000 to 5.000,000.000 East marks (about £57,000,000 to £71,000,000) must also be expected.
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Press, Volume LXXXIX, Issue 27150, 21 September 1953, Page 9
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137PRICE CUTS FOR EAST GERMANY Press, Volume LXXXIX, Issue 27150, 21 September 1953, Page 9
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